Arbeitspapier
Gone with the Wind: Demographic Transitions and Domestic Saving
This study explores the relationship between demographic factors and saving rates using a panel dataset covering 110 countries between 1963 and 2012. In line with predictions from theory, this paper finds that lower dependency rates and greater longevity increase domestic saving rates. However, these effects are statistically robust only in Asia. In particular, Latin America, which is a region that has undergone a remarkably similar demographic transition, did not experience the same boost in saving rates as Asia. The paper highlights that the potential dividends arising from a favorable demographic transition are not automatically accrued. This is a sobering message at a time when the demographic tide is shifting in the world.
- Language
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Englisch
- Bibliographic citation
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Series: IDB Working Paper Series ; No. IDB-WP-688
- Classification
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Wirtschaft
Macroeconomics: Consumption; Saving; Wealth
Demographic Economics: General
Economic Development: Financial Markets; Saving and Capital Investment; Corporate Finance and Governance
- Subject
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Demographic dividend
Dependency rates
Saving rates
- Event
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Geistige Schöpfung
- (who)
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Cavallo, Eduardo
Sánchez, Gabriel
Valenzuela, Patricio
- Event
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Veröffentlichung
- (who)
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Inter-American Development Bank (IDB)
- (where)
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Washington, DC
- (when)
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2016
- Handle
- Last update
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10.03.2025, 11:44 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Cavallo, Eduardo
- Sánchez, Gabriel
- Valenzuela, Patricio
- Inter-American Development Bank (IDB)
Time of origin
- 2016